What is the role of vesting in the cryptocurrency industry?

1 answers

• Dec 16, 2021 · 3 years ago
  Vesting, my friend, is like a safety net in the cryptocurrency industry. It's a mechanism that prevents token holders from running wild and causing havoc in the market. You see, when tokens are vested, they can't be immediately transferred or sold. This helps maintain stability and prevents sudden price crashes. It also encourages early investors, team members, and advisors to stay committed to the project. Think of it as a way to ensure that everyone is in it for the long haul. So, next time you hear about vesting in the crypto world, remember that it's all about building trust and keeping things steady.
  612306